Andrew Briggs Purchases 31 Shares of Phoenix Group Holdings plc (LON:PHNX) Stock

Phoenix Group Holdings plc (LON:PHNX) insider Andrew Briggs bought 31 shares of the business’s stock in a transaction on Tuesday, November 5th. The stock was bought at an average price of GBX 498 ($6.48) per share, for a total transaction of £154.38 ($200.96).

Andrew Briggs also recently made the following trade(s):

• On Monday, September 9th, Andrew Briggs bought 26 shares of Phoenix Group stock. The stock was bought at an average price of GBX 567 ($7.38) per share, for a total transaction of £147.42 ($191.90).

Phoenix Group Price Performance

Shares of PHNX stock opened at GBX 491 ($6.39) on Friday. Phoenix Group Holdings plc has a fifty-two week low of GBX 455.70 ($5.93) and a fifty-two week high of GBX 581.22 ($7.57). The firm has a market capitalization of £4.91 billion, a price-to-earnings ratio of -924.69, a PEG ratio of 1.95 and a beta of 0.73. The company has a debt-to-equity ratio of 132.01, a quick ratio of 0.12 and a current ratio of 0.19. The stock’s 50-day simple moving average is GBX 537.26 and its 200-day simple moving average is GBX 525.71.

Phoenix Group Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, October 31st. Investors of record on Thursday, October 3rd were given a GBX 26.65 ($0.35) dividend. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a yield of 4.62%. Phoenix Group’s dividend payout ratio is currently -10,000.00%.

Wall Street Analysts Forecast Growth

PHNX has been the topic of several analyst reports. JPMorgan Chase & Co. lifted their target price on Phoenix Group from GBX 505 ($6.57) to GBX 510 ($6.64) and gave the company an “underweight” rating in a research note on Wednesday, September 18th. The Goldman Sachs Group reiterated a “sell” rating on shares of Phoenix Group in a research note on Wednesday, September 18th.

Phoenix Group Company Profile

Phoenix Group Holdings plc operates in the long-term savings and retirement business in Europe. The company operates through five segments: Retirement Solutions, Pensions & Savings, With-Profits, SunLife & Protection, and Europe & Other. It provides a range of savings and retirement income products to support people across various stages of the savings life cycle.